From Nasdaq: 2024-06-29 03:45:00

Roku (NASDAQ: ROKU) reports strong revenue growth and market dominance, attracting more users and advertisers. With 1.6 million new streaming households in Q1 and 30.8 billion streaming hours, Roku’s engagement levels increase ad revenue potential, despite net losses. Competition from tech giants poses challenges, but strategic partnerships and continuous innovation position Roku well for sustained growth and profitability. Considering investing in Roku? The Motley Fool Stock Advisor team suggests exploring other top-performing stocks first.



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